NOT LISTED FOR SALE

Estimated Value: $190,000 - $316,000

-- Bed
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $195,000

Est. 34% increase in value since last sale

Current estimated payment $1,521/month

63 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Electric Baseboard Heater

About This Home

As of December 2019

Add this one to your investment portfolio! Long term cash flow for owner. Located on a cozy street in New Castle. This three-unit corner property has one 2-Bedroom unit on second floor rented at $850.00, One 1-Bedroom unit on the first floor rented for $700.00 and rear garage 1- Bedroom unit rented for $550.00. Each unit has separate entrance. Current tenants have been there for years. All appliances are included. Laundry has coined washer and dryer. Property being sold in as is condition. 48 hours notice is required. Within minutes to downtown business district to Wilmington, I-95 ramp and local Library.

Last Agent to Sell the Property

Irma Rodriguez

Real Broker, LLC License #RS-0019876 Listed on: 07/26/2019

Last Buyer's Agent

Octavia Williams

Century 21 Gold Key Realty License #RS-0018625

Century 21 Gold Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1947

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Rubber Roof
  • Stucco

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 10-010.40-144

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Holloway Terrace Subdivision

Building Details

  • Income includes apartment rentals, laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,035

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Appliances
  • New Construction: No
  • Year Built: 1947
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Rent Control: No
  • Total Actual Rent: 26400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 768.00
  • Tax Annual Amount: 1035.00
  • Assessor Parcel Number: 10-010.40-144
  • Tax Lot: 144
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 12/10/2019

Multi Family

  • Income Includes: Apartment Rentals, Laundry

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Dec 1, 2019
Sold by
Hess William T
Bought by
Fullwood Ricardo M
Seller's Agent
Irma Rodriguez
Real Broker, LLC
Buyer's Agent
Octavia Williams
Century 21 Gold Key Realty
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Current Estimated Value
$262,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,092
Avg. Annual Appreciation
4.57%
Original Mortgage
$199,192
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2002
Sold by
Houston James D and Houston William E
Bought by
Hess William T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fullwood Ricardo M -- First Amer Mtg Sln On Behal
Hess William T $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fullwood Ricardo M $202,152
Closed Fullwood Ricardo M $199,192
Previous Owner Hess William T $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $195,000 -7.1% --
09/27/2019 09/27/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $210,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,116 $32,500 $4,100 $28,400
2023 $816 $32,500 $4,100 $28,400
2022 $851 $32,500 $4,100 $28,400
2021 $857 $32,500 $4,100 $28,400
2020 $855 $32,500 $4,100 $28,400
2019 $996 $20,300 $3,200 $17,100
2018 $436 $20,300 $3,200 $17,100
2017 $545 $20,300 $3,200 $17,100
2016 $545 $20,300 $3,200 $17,100
2015 $544 $20,300 $3,200 $17,100
2014 $545 $20,300 $3,200 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC483978

Bright MLS

APN: 10-010.40-144